The Upper Middle Class Is Growing
Plus, a focus on sperm health, the workers shunning AI and making golf a family affair. Source link
Finance
On Trump’s List of Promises: Mass Pardons for Staffers
Plus, the U.S.-Iran talks are set to start tomorrow, and Gen Z socializes at barres, not bars. Source link
Consumer prices in March rose at their fastest annual rate in two years, thanks to Iran war sending gasoline prices above $4 a gallon. And that has severely eaten into U.S. paychecks
The gas pump is eating into U.S. paychecks, especially for rank-and-file workers. Source link
The conflict in Iran is inflicting a new toll on U.S. commercial construction, raising costs and risking project delays
Rising prices for fuel and materials such as aluminum are pushing up costs just as they were stabilizing. “This war
Canada’s Unemployment Rate Steadies With Modest Recovery in Hiring
Employers in the country added 14,100 jobs in March, holding the unemployment rate at 6.7%, the national data agency said.
Gen Z Is Trading the Neighborhood Bar for the Spin Studio
Twentysomethings are drinking less, exercising more—and changing the way they socialize with others. Source link
Week Ahead for FX, Bonds: Middle East Developments in Focus; IMF Forecasts, U.S. PPI Due
The outcome of talks between the U.S. and Iran in Islamabad over the weekend will be watched closely by investors.
Consumer Sentiment Hits Record Low, per Michigan Survey
Consumer sentiment fell in April to the lowest level recorded in the 74-year history of the University of Michigan’s survey,
Consumer prices soared in March, pushed higher by skyrocketing gasoline prices
The reading, the first major inflation report since the Iran war began, came in at its hottest level in two
Taiwan Exports Accelerate Sharply in March Despite Mideast Tensions
Taiwan’s exports surged in March, supported by sustained demand for artificial-intelligence applications despite geopolitical tensions in the Middle East. Source